1.1 	A bill for an act
1.2 	relating to housing; limiting rent increases by certain landlords;proposing coding 
1.3 	for new law in Minnesota Statutes, chapter 504B.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. [504B.152] SUBSIDIZED HOUSING; RENT CONTROL.
1.6 	A landlord may not increase rent, in any residential building owned by the landlord that 
1.7 	contains one or more dwelling units subsidized by a state or federal housing program, by 
1.8 	an amount that exceeds the percentage increase in the Consumer Price Index published by 
1.9 	the Bureau of Labor Statistics for the preceding year.

1.10 	EFFECTIVE DATE; APPLICATION. This section is effective August 1, 2020, and 
1.11 	applies to any lease entered into on, before, or after that date.